Equity and Treasury markets agree: Expect volatility
The MOVE Index spiked from an elevated level while the VIX moved up, but from a decade-plus low.
Falling equity yields predicting too rosy a scenario?
As the equity premium has declined, stocks may not be compensating investors given today’s macro risks.
Recession or not, equity return backdrop is challenged
Stocks have seen strong year-to-date (YTD) returns, but high valuations portend challenges ahead as this week’s chart shows.
Despite Fed pause, financial conditions tighten further
Despite expectations for a Fed pause, this week’s chart looks at other financial conditions, which have tightened significantly in recent months.
Private markets attractive in market drawdowns?
This week’s chart looks at private markets’ relatively small declines during the past two market drawdowns compared to their public counterparts.
Stock-bond correlation is quickly rising
Stock-bond correlation has been on the rise again. This week’s chart looks at the trend and how it has exacerbated the diversification challenge.
